First Mining Completes Notable $7.4 Million Financing

First Mining Finance (TSE:FF) has released an update.

First Mining Gold Corp. has successfully upsized and completed a non-brokered private placement financing, securing $7.4 million in gross proceeds. The company issued over 54 million units at $0.135 each, which includes a common share and a half-warrant, with the warrants exercisable at $0.20 for three years. The raised funds are designated for further development of First Mining’s primary gold projects and for general corporate purposes.

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